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Okeechobee 34974
10578 NE 12th Lane
$103,000
● House - Off Market

10578 NE 12th Lane

Okeechobee, FL 34974
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,644 Ft²
$162,521
RealtyHop Estimate
80.78%
Since May 1, 2015
National-US
Primary Model

About This Property

Don't miss this amazing home on 2 acres! Three full bedrooms plus a very large BONUS room which could easily be used for a day care, home office, dance studio, mother in law suite, or a 4th bedroom. This house also has beautiful tile and laminate flooring, a fireplace, a security system, and a large screen porch with outdoor BBQ. The property includes a huge Woolley shed and a fire pit. Don't miss this house!
Unit Size
2,644 Ft²
Days on Market
304 days
Land Size
2.00 acres
Price per sqft
$34
Property Type
House
Property Taxes
$85
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 10 months ago (Beaches MLS #R10050096)

Price History

Date / Event Date Event Price
Apr 27, 2015 Sold
Premium
Sold
Jun 16, 2014 Listed by Landmark Appraisal & Realty Group Inc $89,900
Listed by Landmark Appraisal & Realty Group Inc
Jun 5, 2006 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,644
  • Gross Building Area: 3,184
  • Building Area: 2,644
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,644
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPOT-IN-THE-SUN UN 02
  • Land Acres: 0000002000
  • Standard Land Use Code: 1006
  • County Land Use Code: 000200
  • State Land Use Code: 02
  • Mobile Home Indicator: T
  • Legal Description 1: LOT 135, SPOT IN THE SUN, UNIT II, AN UNRECORDED SUBDIVISION PREPARED BY LELAND DYALS LAND SURVEYING, LS #2084, NO DATE, NO DRAWING NUMBER, NO SHEET NUMBER (A SIZE-REDUCED COPY AND AFFIDAVIT OF WHICH HAS SUBSEQUENTLY BEEN RECORDED IN OFFICIAL RECORDS

Neighborhood

  • School District Name: Okeechobee County School District
  • Census Tract: 910401

Geography

  • Parcel: 1-15-37-36-0A00-00002-1350
  • Lot: 135
  • Meridian: SEC 15 TWN 37S RNG 36E
  • Municipality: SOUTH FLORIDA
  • Latitude: 27.2551
  • Longitude: -80.7175

    Address

  • Full Address: 10578 Ne 12th Ln
  • Legal Unit: 2
  • Address - House Number: 10578
  • Street Direction: NE
  • Address - Street Name: 12th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Okeechobee
  • Carrier Code: R005
  • 4-Digit Zip Code: 8237
  • Zip Code: 34974

Valuation

    Tax

  • Total Area: 3,239
  • Tax Year: 2022
  • Tax Amount: $138,447
  • Tax Rate Code Area: 030

    Appraisal Valuation

  • Standard Deviation: 0.2784
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 60
  • Final Value: 334,879
  • High Value: 428,125
  • Low Value: 241,633

    Market Valuation

  • Market Total Value: $297,683
  • Market Land Value: $46,000
  • Market Improvement Value: $251,683

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $104,031

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2015
  • Current Sale Recording Date: Apr 27, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015004071
  • Previous Sale Recording Date: Jun 05, 2006
  • Previous Sale Contract Date: May 30, 2006
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Okeechobee

Stats & Trends

Median Asking:

$337,900

Sale Price/ft²

$221

Below Asking

0.03%

Average Days on Market

81

Average Home Size

1570 ft²

Average Home Age

25.8 years

Currently For Sale

206 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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BEACHES

Listed by: Matt T Thoren
Landmark Appraisal & Realty Group Inc
Last Updated: 10 months ago
Data Source: Beaches MLS, MLS# R10050096
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 10578 Northeast 12th Lane built and last sold?
The property at 10578 Northeast 12th Lane was built in 2004 and last sold on Apr 17, 2015 for $103,000.
How much is this home worth?
The estimated value of the home located at 10578 Northeast 12th Lane is $0.
What are some comparable homes to 10578 Northeast 12th Lane?
There are currently no comparable homes to 10578 Northeast 12th Lane.
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